of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized …

This study investigates the causal effects of education on individuals' transitions between employment and unemployment … 16 years of schooling. Evidence on the impact of formal schooling on unemployment incidence is mixed …

In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

In response to the 2007-09 “Great Recession,” the maximum duration of U.S. unemployment benefits was increased from the … microdata from the Current Population Survey. I find that a 10-week extension of UI benefits raises unemployment duration by …

To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …